35415 SW 21st Ave, Federal Way, WA 98023
- $1,500,000
Listing courtesy of COMPASS.
- List Price
- $1,500,000
- Status
- ACTIVE
- MLS#
- 2473331
- Days on Market
- 103
Property Description
Exceptional value-add development opportunity in a high-demand Federal Way corridor. Spanning 3.23 acres and zoned BN (Business Neighborhood), this site supports a wide range of revenue-generating uses. Tons of feasibility done for a strip mall, restaurant concepts, coffee shop, and office buildings—significantly reducing timeline and entitlement risk. Included in the sale are parcels located at 35415, 35409, 35104, and 35305 21st Avenue SW, Federal Way, WA 98023. Ideal for investors and developers seeking a high-yield, long-term income-producing asset. Seller is open to creative financing structures, offering additional flexibility to maximize returns.
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Additional Information
- Community
- Federal Way
- Style
- 70 - Industrial
- Potential Terms
- Cash, Conventional, Owner Will Carry
- Driving Directions
- From I5 take the 142B from WA-18 W towards S 348th St. Turn R onto Wa-18W. Continue onto S 348th St. Turn L onto 1st Ave S. Turn right onto SW 356th St. Turn right onto 21st Ave Sw.
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